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Dec 7, 2012
12/12
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he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we have a pretty good caucus now. there's a real strong jim demint influence in our caucus. >> great stuff. senator rand paul, kentucky, thank you sir. all the best. >> thank you. >>> so besides praising jim demint, senator rand paul said something very interesting. he said he will not vote for a filibuster. he said, let larry reid, no filibust filibuster, 51 vote, simple majority and then he will vote no and let the democrats have the onus of the big tax hike. quite interesting. now here's a political threat. is the republicans at risk of becomin
he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections last november? >> we always have to do a better job at how we speak about liberty, the constitution and how inclusive it is and how it offers things to people who have not yet experienced the fruits of liberty. so i think we can always do a better job. what i will say about jim demint is he has started and brought some liberty-minded libertarian/conservatives to the senate. we...
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Dec 14, 2012
12/12
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immediately after he was re-elected. so i don't think that president obama is actually negotiating in good faith with the american people considering 75% of the tax hikes in his new deal that we've been given, that the house has been given, goes to new spending. it doesn't go to paying down the deficit. doesn't go to balancing the budget. doesn't go towards spending cuts. it goes towards new spending. >> sure. >> and so for president obama to say he wanted a balanced approach, i would say he's not negotiating in good faith with the american people. >> let me just go to katie for one more republican point, keith, and get your reaction, because thing is very, very, very important. and that is debt ceiling. the limit to borrowing. katie, i am told to a person every republican house member and senator, and i've talked to a lot of them in the last ten, 12 days, they will not give up what they regard as a constitutional prerogative to raise the debt ceiling. they won't give it up, katie. >> they shouldn't. there's a reason we
immediately after he was re-elected. so i don't think that president obama is actually negotiating in good faith with the american people considering 75% of the tax hikes in his new deal that we've been given, that the house has been given, goes to new spending. it doesn't go to paying down the deficit. doesn't go to balancing the budget. doesn't go towards spending cuts. it goes towards new spending. >> sure. >> and so for president obama to say he wanted a balanced approach, i...
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May 9, 2012
05/12
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they all won the primary but end up losing the election. cause them to lose the election. they might even lose indiana. >> you're completely wrong. first of all, that's complete mythology. you're making up all along. >> it happened in 2010. >> you can't say that the tea party elected mitt romney and then say oh, it doesn't matter. that's not acceptable. >> hold on a second, i need another opinion on this. heather higgins, how do you see the relationship between the tea party and mitt romney? let's assume for the moment that the tea party is resurging. i think i just invented that. but you know what i mean. how does mitt romney relate to a resurging tea party? >> when there were primaries, the bar was incredibly high. the standard was ronald reagan and essentially everybody fell short of that standard. once you have a nominee, the bar becomes incredibly low. the bar becomes is he not barack obama, and is he breathing? romney is breathing and he's not barack obama. plus, he's really changed. if you look at how he's evolving as a candidate with his experience, and i'm one of
they all won the primary but end up losing the election. cause them to lose the election. they might even lose indiana. >> you're completely wrong. first of all, that's complete mythology. you're making up all along. >> it happened in 2010. >> you can't say that the tea party elected mitt romney and then say oh, it doesn't matter. that's not acceptable. >> hold on a second, i need another opinion on this. heather higgins, how do you see the relationship between the tea...
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Nov 9, 2012
11/12
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we cannot win broad-based big elections in presidential election years only appealing to a smaller and smaller segment of the electorate. so i think that means candidates who can relate to people from all different communities. it means going into those communities on a sustained basis. not simply at election time. and it means, frankly, getting our act together in immigration. i would point out two things today -- >> immigration? really important. immigration. i want to stay on that point. this is so important to me, jennifer. i guess maybe i'm a liberal on immigration. but to me -- >> i'm a communist. there you go. >> to me, the republican party, this whole idea of self-deportation, i'm not going to pick on mitt romney. he did what he did. he ran a race. i'm just saying, self-deportation, huh? that sounded so bad. a lot of this stuff coming out of arizona sounds so bad. the intent may be good, but the actual stuff sends all the wrong signals and it's not only for latinos and -- it's for asians, too, jennifer. i just -- before i get to ed rogers. it's for asians. it's for african-amer
we cannot win broad-based big elections in presidential election years only appealing to a smaller and smaller segment of the electorate. so i think that means candidates who can relate to people from all different communities. it means going into those communities on a sustained basis. not simply at election time. and it means, frankly, getting our act together in immigration. i would point out two things today -- >> immigration? really important. immigration. i want to stay on that...
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Sep 11, 2012
09/12
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then, after the election, of course, they're all ready. it all ends up to 12 days on the schedule after the election. therefore, the economy is destined to go over the fiscal cliff and into recession and congress is driving that bus. the longer they wait, it won't be a 2% recession, it will be a 4% recession, it could be 5 or 6%. that is how irresponsible this story is. let's get right to our special guests, former labor secretary robert reich, author of the book "beyond outrage" and welcome tourist some coburn. senator coburn, tell me where i'm wrong. there's only a couple working days that will happen between now and the end of the year and the recession goes into place, tax hikes go into place and the recession goes into place. >> i don't agree, larry. there's probably about 20 days of work that we will address those issues. especially the morning of december. the reason nothing's happening now is there's no leadership for anything to happen. one. the career politicians in washington don't want anything to happen until they see the outc
then, after the election, of course, they're all ready. it all ends up to 12 days on the schedule after the election. therefore, the economy is destined to go over the fiscal cliff and into recession and congress is driving that bus. the longer they wait, it won't be a 2% recession, it will be a 4% recession, it could be 5 or 6%. that is how irresponsible this story is. let's get right to our special guests, former labor secretary robert reich, author of the book "beyond outrage" and...
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Feb 10, 2012
02/12
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you also have the presidential election uncertainty. >> right. it is way too early to make that call. if the president wins you might own portfolio a. if he loses you might own portfolio b. what's with the difference? energy, financials, healthcare and defense that's nearly 40% of the s&p 500. take me through a couple of those, energy and defense. how does it affect those sectors? >> the view is republicans tend to be less willing to cut defense spending and they're wanting to put more regulatory constrain constraints. certainly health care and financials are pretty easy with obama care and dodd frank. >> interesting point. >> jack bouroudjian, a lot of people are telling me, gasoline prices at the pump are going $4. they're going $5. i heard this a year ago. i'm not seeing this in the price of crude oil, and as you know they're way low because of the fracing miracle and the fracing revolution. they may pull down gas prices. is gasoline going to end this whole euphoric, positive picture, stop the economy and stop consumers and therefore stop stoc
you also have the presidential election uncertainty. >> right. it is way too early to make that call. if the president wins you might own portfolio a. if he loses you might own portfolio b. what's with the difference? energy, financials, healthcare and defense that's nearly 40% of the s&p 500. take me through a couple of those, energy and defense. how does it affect those sectors? >> the view is republicans tend to be less willing to cut defense spending and they're wanting to...
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Nov 10, 2012
11/12
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i'm sorry. >> jared, the republicans were elected to control the house. they also got a mandate. they could have been thrown out. four years ago the democrats controlled the house and now the republicans do and they were reelected to control the house so you can't just use the president by himself. >> i think that's a fair point and the cbo is not evidence. the cbo is an interpretation and an incorrect interpretation at that. >> that last part i lost you on. >> we all have the evidence. >> larry, it's my understanding that you're absolutely right, 48% in terms of taxes and 60% said they were in favor of tax increases and we can check that out. >> no. it went the other way and i just reviewed it again. >> the key point is -- right, the cbo says it doesn't matter. why do you think -- if you raised the tax rates, we're just talking about the top race and we're not talking about eliminating all of the bush taxes. >> right. >> if you raise those top rates and on income, on capital gains and dividends and on estate inheritance, you agree with the cbo that it won't affect economic growt
i'm sorry. >> jared, the republicans were elected to control the house. they also got a mandate. they could have been thrown out. four years ago the democrats controlled the house and now the republicans do and they were reelected to control the house so you can't just use the president by himself. >> i think that's a fair point and the cbo is not evidence. the cbo is an interpretation and an incorrect interpretation at that. >> that last part i lost you on. >> we all...
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Mar 20, 2012
03/12
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he is pivoting towards a general election. he wants to go against obama. not so much playing defense against santorum. >> robert, if romney beats santorum by ten points tonight, what does that mean? >> margin is important, larry, because romney has really struggled to get above 50% in almost every single contest. he needs a big win tonight. santorum, if it's a small margin, can say i was out spent. romney's machine won this for him. if romney has a ten-point victory, he can point to his message as well. >> you know, larry -- >> yeah, go ahead. >> if i could jump in here. so much of this recent flap with santorum saying, you know, he doesn't care about what the unemployment rate is, that really reflects on where the heart of this campaign is. is this a campaign that's about the economy, or is it about something else? what santorum meant with that comment was that -- >> it's not always about the gas, right, amman? >> it's not dependent on the economic issue. he is campaigning on other things other than the economy. >> remember, this is two stage. you have th
he is pivoting towards a general election. he wants to go against obama. not so much playing defense against santorum. >> robert, if romney beats santorum by ten points tonight, what does that mean? >> margin is important, larry, because romney has really struggled to get above 50% in almost every single contest. he needs a big win tonight. santorum, if it's a small margin, can say i was out spent. romney's machine won this for him. if romney has a ten-point victory, he can point to...
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Dec 21, 2012
12/12
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we have a president who just got re-elected saying it is his mission to raise taxes on small businesses and individuals who make more than $250,000 and john boehner made the right play call saying we're going to use nancy pelosi's own words and chuck schumer's only worpds againds a them and say we're going to cover, because the president's not working in good face with us, 99% of americans in small business don't see taxes going up in january -- >> are you expecting nancy pelosi to get her joet she said make the threshold $1 million. have you tried to whip her today? >> absolutely. it's funny. people on shows like yours saying democrats say they'll never call this for the vote. well, democrats six months ago said this was their plan. so let's ask chuck schumer why he's changed his mind on saving 99.8% of americans? let me add this to viewers. people aren't cove erg the other good part of plan b. the estate tax, which i know millions of american, small businesses and family, family farms in my distributor worried about, would go back to $1 million on january 1. if plan b becomes law, we
we have a president who just got re-elected saying it is his mission to raise taxes on small businesses and individuals who make more than $250,000 and john boehner made the right play call saying we're going to use nancy pelosi's own words and chuck schumer's only worpds againds a them and say we're going to cover, because the president's not working in good face with us, 99% of americans in small business don't see taxes going up in january -- >> are you expecting nancy pelosi to get...
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Dec 8, 2012
12/12
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you won the election, mr. obama. we'll get the middle class tax cuts. we'll get the upper class tax hikes. get the capital gain and the dividends and the estates. you can only tax hike. that's what senator rand paul said last night. i'm starting to think that's the only way out. otherwise we're going into january, february,march and whatever. >> i think that's the best solution. it's a great chess move. let them do whatever they want and let's test the results. let's see what happens when you do it. then the mid-term elections will roll around and they'll be in great shape. the republicans will get voted in. another plan. you got spending up here, revenue down here. we got to narrow that gachlt they should make it clear to the democrats, pick any number of revenue increase you want. remember the spending cuts number has to be greater. let's see them live with that. >> that's the thing, mark. just to follow up on that. such an important point. everyone is obsessed with the taxes. taxes are very important. no one is talking about spending cuts. no one is
you won the election, mr. obama. we'll get the middle class tax cuts. we'll get the upper class tax hikes. get the capital gain and the dividends and the estates. you can only tax hike. that's what senator rand paul said last night. i'm starting to think that's the only way out. otherwise we're going into january, february,march and whatever. >> i think that's the best solution. it's a great chess move. let them do whatever they want and let's test the results. let's see what happens when...
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Dec 18, 2012
12/12
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any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the reasons these right to work states continue to be voted. in fact, an open shop state is a state that's more attractive to business investment. >> sure, absolutely. chairman darrell issa, we preer appreciate your work on this particular investigation. thanks for coming back on the show. >> anytime. >>> switching gears now, portions of the accountability report on benghazi will be released to the public on wednesday, a day ahead of hearings on the raid that took the lives of ambassador chris stevens and three other americans. secretary of state clinton was given the report today but she won't testify thursday because she's recovering from a concussion. instead her deputies will do so. i sincerely hope we
any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the reasons these right to work states continue to be voted. in fact, an open shop state is a state that's more attractive to business...
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Dec 1, 2012
12/12
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overwhelmingly in 2010 and resoundingly re-elected in 2012. across the country. they have a strong voice. they have a position. the american people have embraced. the president i think, larry, is over interpreting his mandate in his second re-election. i think he feels empowered in ways that he actually has not been by the american people. he's running a very risky game. this is not where the american people want to be. and i think it's definitely up to those who talk about these things in the media and the american people to be aware of the consequences of what he is proposing. >> here's the thing. had licks there's no spending cuts in his proposal. the idea at one point with simpson bowls was $4 of spending cuts for $1 revenue increase. this one is backwards. this is $1 spending cut for $4 of revenue increases. isn't the republicans' best calling card to insist on strong spending cuts and entitlement reform? isn't that their best counter punch? >> absolutely. one of the reasons president obama's come into these negotiations from what he beli
overwhelmingly in 2010 and resoundingly re-elected in 2012. across the country. they have a strong voice. they have a position. the american people have embraced. the president i think, larry, is over interpreting his mandate in his second re-election. i think he feels empowered in ways that he actually has not been by the american people. he's running a very risky game. this is not where the american people want to be. and i think it's definitely up to those who talk about these things in the...
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Nov 29, 2012
11/12
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more importantly, larry, the president came out of the election, held a press conference, said his number one priority was jobs and growth. we would agree that jobs and growth should be the number one priority. the worst thing can you do if you're worried or interested in growing commit and creating jobs, you can't raise taxes on creating those jobs. almost a million small businesses would be faced with higher taxes. those same small businesses employ 25% of the workforce and you have a study out there that says it would cost the economy 700,000 jobs, reduce take-home pay by 2% and slow the economy by 1.3% it's a mistake to do that. >> i'm looking at the politics of it. i see saxby as a defector, i see susan collins as a defector. dough do they have the vote? >> i assume they keep all 53 democrats on all that. there might be a couple running in 2014 that high a high view on this. 60 is a high threshold. there are republicans out there who are talking publicly about this issue and articulating their-on-position on the tax issue. even if they can get to 60 in the house and senate, they're n
more importantly, larry, the president came out of the election, held a press conference, said his number one priority was jobs and growth. we would agree that jobs and growth should be the number one priority. the worst thing can you do if you're worried or interested in growing commit and creating jobs, you can't raise taxes on creating those jobs. almost a million small businesses would be faced with higher taxes. those same small businesses employ 25% of the workforce and you have a study...
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Apr 18, 2012
04/12
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that's the worry that could also be the election. if w these bombs ticking, where is the president to diffuse them? where is he to settle them, to lead us? let's get some insight from robert costa of the national review. keith boykin. you know, keith boykin, the big headline today, the $5 trillion debt increase, 39 months. no president has ever come close. and i dare say, this is something that goes to the gut of american people. they're furious over it. >> i don't think the american people are furious over it. look at the polls. people don't really care about the debt and deficit. i don't think republicans even care about the debt and deficit. they only care about it when democrats are in the white house. other times they do absolutely everything contradictory to cutting the deficit. >> keith, i'm oa reporter. i'm on the campaign trail all the time. i hear constantly about the debt and deficit. to say they don't care about it. they do care about it. >> look who is in the white house. look at some of the recent presidents. in the rea
that's the worry that could also be the election. if w these bombs ticking, where is the president to diffuse them? where is he to settle them, to lead us? let's get some insight from robert costa of the national review. keith boykin. you know, keith boykin, the big headline today, the $5 trillion debt increase, 39 months. no president has ever come close. and i dare say, this is something that goes to the gut of american people. they're furious over it. >> i don't think the american...
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May 17, 2012
05/12
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this race -- this is going to be a waste of money to have an election in the fall. it's going to easily be mitt romney and president obama will be on his way back to blue island, illinois to work on his museum. >> i think this is a fine example of living in one's own reality. the reality is this has been tested by social scientists who do polls and most persons, vast majority, including independents, believe you should have a mix of revenues and tax -- deficit. real quick, if you have a household that is in debt, one thing do you is cut your spending, fewer movies, fewer nights out but dount quit your job and take the revenues out of your household. you might add a job. republicans say run america like america runs their household. >> the government creates job. the obama tax has bacon up, ground beef up, gas up, your kids' pajamas are up. >> are you saying police officer, nurse, those are not jobs? are you serious? >> those are state level things. >> we have the whole nation -- >> no, it's not government. we're talking about federal government workers. >> why are w
this race -- this is going to be a waste of money to have an election in the fall. it's going to easily be mitt romney and president obama will be on his way back to blue island, illinois to work on his museum. >> i think this is a fine example of living in one's own reality. the reality is this has been tested by social scientists who do polls and most persons, vast majority, including independents, believe you should have a mix of revenues and tax -- deficit. real quick, if you have a...
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May 15, 2012
05/12
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>>> we need a real tax and budget deal now before the elections. if we don't, business, hiring and the economy could well go cold. you can see it in the stock market already. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." >>> our top story tonight -- the president grades himself an incomplete on the economy with 2% growth, over 8% unemployment, a vanishing labor force and total debt that now equals our entire gdp, i'm going to grade him on a bell curve by giving him a d-minus. that's after 3 1/2 years, he'd be in danger of being thrown out of school. our panelists will weigh in. >>> also tonight, team obama continues to call mitt romney a vampire capitalist. what kind of businessman is president obama? a crony capitalist playing with taxpayer money. not just solyndra or light squared but a program run by a vacation buddy the president has received a $5.9 million federal grant. >>> plus, business and the economy needs a deal on taxes and spending and the debt limit. we need it now before the economy goes cold, before busi
>>> we need a real tax and budget deal now before the elections. if we don't, business, hiring and the economy could well go cold. you can see it in the stock market already. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." >>> our top story tonight -- the president grades himself an incomplete on the economy with 2% growth, over 8% unemployment, a vanishing labor force and total debt that now equals our entire gdp, i'm going to...
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Jun 6, 2012
06/12
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the great investor strike against obama will end the moment romney is elected. a lot of room between now and getting there, we have to watch out for the spanish thing coming back to bite us. i have been saying, europe doesn't matter. is 1.3 trillion of the spanish banks will be wiped out. >> i didn't hear -- i want to understand this. i didn't hear anything specific from dogdrage. i heard him say some of the board members want lower rates. i didn't hear anything specific. nothing specific from ben bernanke. some phone calls going back and forth. i didn't hear anything specific. what changed in europe in the last 24 hours? >> nothing chaz changed, larry. europeans are going through the usual rounds of effectless and deceptive diplomacy. a massive problem with spain and it will blow up with they get consultant reports about the spanish banks. that's a problem to watch out for, and the reason i'm still cautious, nonetheless, because everyone made massive amounts of money, shorting europe, and exactly as art said. people were positioned, we're in opposition for good
the great investor strike against obama will end the moment romney is elected. a lot of room between now and getting there, we have to watch out for the spanish thing coming back to bite us. i have been saying, europe doesn't matter. is 1.3 trillion of the spanish banks will be wiped out. >> i didn't hear -- i want to understand this. i didn't hear anything specific from dogdrage. i heard him say some of the board members want lower rates. i didn't hear anything specific. nothing specific...
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Dec 22, 2012
12/12
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we said that the day after the election, we standby it today. if you do that, you're talking about the largest tax increase in our country's history, a considerable amount of spending cuts, and in the short-term, probably hit the stock prices on the order of 10%. >> if i give you a cliff deal. okay. i'm going to give you a cliff deal for middle class extensions, 250,000, you're right the top rates will go up. but if you get that deal in january, that does save us from the recession scenario, the really deep gloom scenario. >> this is the big debate. our view has been if you get a deal fairly quickly in the new year, it's hardly the end of the world. the question really or the debate really accelerates if you start getting closer to january 15th or ultimately the inauguration. do you do more serious damage to the economy that makes it more difficult to recover? >> they can withhold changing the withholding rates. i know that. >> sure. listen, the president and the treasury secretary has enormous leeway on january 15th, which presumably is everybo
we said that the day after the election, we standby it today. if you do that, you're talking about the largest tax increase in our country's history, a considerable amount of spending cuts, and in the short-term, probably hit the stock prices on the order of 10%. >> if i give you a cliff deal. okay. i'm going to give you a cliff deal for middle class extensions, 250,000, you're right the top rates will go up. but if you get that deal in january, that does save us from the recession...
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Nov 13, 2012
11/12
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we already are seeing it in this election. and i think with ted the article in "the new yorker" you mentioned, where he was quoted the years ahead will be very ominous for republicans unless we change. i think this election may turn out to be a good thing in the sense we are going to do a course correction in the gop. be a lot more open, and be more positive reaching out to those middle voters. >> if people call a path to citizenship, then what i think of a path to citizenship, you know, you get your worker document, okay, register properly, and you got to learn english and something about american history and so forth and so on. but -- people call a path to citizenship amnesty, chris, i'm in favor of amnesty then. i'm tired of this whole debate. i'm tired of this semantics and tired of handful of people, you and i both know, who they are. who have held this issue up for so long. >> i do think that we don't want an immediate citizenship for 10 million undocumented illegal aliens in the country. when people talk about a path to
we already are seeing it in this election. and i think with ted the article in "the new yorker" you mentioned, where he was quoted the years ahead will be very ominous for republicans unless we change. i think this election may turn out to be a good thing in the sense we are going to do a course correction in the gop. be a lot more open, and be more positive reaching out to those middle voters. >> if people call a path to citizenship, then what i think of a path to citizenship,...
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Sep 6, 2012
09/12
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the fact is this was set in motion by the 2012 election. house republicans told them if you don't match the increase in the debt you don't get an increase in the debt ceiling. they drove the debate in that direction. that miscalculations led to the country losing the credit rating temporarily and a political crisis we are living with. >> let's talk about the political crisis. apparently bob woodward says in the book that no one is really running washington, d.c. at all. of course we had a credit downgrade because of that last year. we may get another one, precisely because nobody is running washington. >> there is an old saying in washington. if you don't have the votes, you don't have s. and s. doesn't rhyme with squawk. if you have the votes you have leverage. john boehner had the votes to drive the president toward a deal with spending cuts. he couldn't bring the republicans along though there were some tax increases on the table. president obama could not contemplate significant entitlement reform large enough to satisfy republicans. ne
the fact is this was set in motion by the 2012 election. house republicans told them if you don't match the increase in the debt you don't get an increase in the debt ceiling. they drove the debate in that direction. that miscalculations led to the country losing the credit rating temporarily and a political crisis we are living with. >> let's talk about the political crisis. apparently bob woodward says in the book that no one is really running washington, d.c. at all. of course we had a...
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Nov 21, 2012
11/12
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maybe it has nothing to do with the election. i got 20 seconds. >> when it kim to hostess there was a petition on the website to have the government bail out hostess. the unions knew that something like that was going to be cal d ed for. >> we appreciate it very much. that is it for tonight's show. thank you for watching. i think the unions are making a very big mistake. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.
maybe it has nothing to do with the election. i got 20 seconds. >> when it kim to hostess there was a petition on the website to have the government bail out hostess. the unions knew that something like that was going to be cal d ed for. >> we appreciate it very much. that is it for tonight's show. thank you for watching. i think the unions are making a very big mistake. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the...
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Nov 15, 2012
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the reality, larry, is that elections have consequences. the election is over. the republicans lost. it's time to get over it and move on. that means we have to come together and create some sort of compromise. but it doesn't mean the republicans get their way and they don't move it all to the left. there has to be some movement to the center on both sides. the president's already indicated that in terms of spending cuts, which he said repeatedly. and what the democrats -- >> i never heard spending cuts. i never heard anything about spending cuts. he never heard -- >> he may not have said it today but there were references. >> like i said, you google -- >> the president said over and over that he's willing to have some spending cuts. >> all right, keith. if you google obama and spending cuts, you're going to come up with a blank page. that's all i'll say. david webb, let me come back to you. one of the scary things about this besides the absence of spending cuts was the article on the front page of "the wall street journal" saying team obama wants a $1.6 trillio
the reality, larry, is that elections have consequences. the election is over. the republicans lost. it's time to get over it and move on. that means we have to come together and create some sort of compromise. but it doesn't mean the republicans get their way and they don't move it all to the left. there has to be some movement to the center on both sides. the president's already indicated that in terms of spending cuts, which he said repeatedly. and what the democrats -- >> i never...
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May 16, 2012
05/12
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obama cannot win the election. mitt romney and the republicans are trying to smoke out obama and prove that romney, a former businessman, is the real deal maker in chief. to wit, the president's budget was defeated 99-0. today. 99-0. not even senate democrats were buying the obama budget. not even left liberals like bernie sanders. paul ryan's budget from the house also failed, but ryan at least got 41 votes. standing by with us tonight, senator tom coburn, republican of oklahoma. he'll give us an update. that question remains to avoid a stock market plunge and a freeze on business hiring, wouldn't it be something if congress actually made a fiscal cliff deal in advance of the usual last-minute deadline? so the dow is down 33 points. gold continued its remarkable plunge. the good news is that the dollar is up. the bad news, could be a sign that some bad news is headed this way. you'll hear my take. it may surprise you. we begin this evening with the battle royal over the budget. john harwood joins us now with all t
obama cannot win the election. mitt romney and the republicans are trying to smoke out obama and prove that romney, a former businessman, is the real deal maker in chief. to wit, the president's budget was defeated 99-0. today. 99-0. not even senate democrats were buying the obama budget. not even left liberals like bernie sanders. paul ryan's budget from the house also failed, but ryan at least got 41 votes. standing by with us tonight, senator tom coburn, republican of oklahoma. he'll give us...
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Jun 7, 2012
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it's his re-election. he believes the best thing we can do for the economy is get re-elect re-elected but he doesn't want to win re-election that requires him to sign off on the bush tax cuts. he'd wish to barely win than win handily and sign off on those bush tax cuts. >> let me tell you -- >> hang on, mayor, i want to get jennifer reuben in. i got another beef. we saw in wisconsin that blue collar democrats, we used to call them reagan democrats, 30% of the union households voted for republican scott walker. we've seen other polls and other indications that pro business democrats, i'm going to call them bill clinton democrats, may be walking away from obama. jennifer, politically, he's surrounded, he, president obama, with a bunch of left-wing advisers. he's surrounded by them. he needs to get rid of his left-wing advisers. valerie jarrett has given him bad advice, david axle rod has given him some bad advice. he needs to bring some bill clinton people in there so he can change his tune. >> i'm a compass
it's his re-election. he believes the best thing we can do for the economy is get re-elect re-elected but he doesn't want to win re-election that requires him to sign off on the bush tax cuts. he'd wish to barely win than win handily and sign off on those bush tax cuts. >> let me tell you -- >> hang on, mayor, i want to get jennifer reuben in. i got another beef. we saw in wisconsin that blue collar democrats, we used to call them reagan democrats, 30% of the union households voted...
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Nov 1, 2012
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five days before the election. is new york mayor mike bloomberg using hurricane sandy to score political points by endorsing barack obama? rudy giuliani will be our special guest. >> and why are politicians brow beating insurance companies in to how to run their businesses? it eats an attack on free market capitalism. >> a special edition of the "kudlow report" begins right now. >>> sandy, the road to recovery. the cost of sandy's destruction on the rise. gas lines stretch for miles. and so does the traffic jams. billions still without power. food getting scarce. nerves break. how past can we rebuild? tonight we look for answer. plus the markets rally and the reaction of a lifetime days away. this is a special edition of the "kudlow report." >>> hurricane sandy may be over, but tonight many in the northeast remain without basic needs. power, water, gasoline, and the road to recovery looks grim. here's what we know right now. total losses in sandy, now estimated to be $50 a billion. that according to a disaster mode
five days before the election. is new york mayor mike bloomberg using hurricane sandy to score political points by endorsing barack obama? rudy giuliani will be our special guest. >> and why are politicians brow beating insurance companies in to how to run their businesses? it eats an attack on free market capitalism. >> a special edition of the "kudlow report" begins right now. >>> sandy, the road to recovery. the cost of sandy's destruction on the rise. gas...
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Nov 28, 2012
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we made a commitment to the base that elected us. we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue until you show me good faith with the spending reduction you all talk about except when it comes time to do something about it. and step b is that the small business community should say not one pens penny until i know you are not going to screw me. >> a quiz. well the answer is coming up next. it is the energy boom that is the brightest spot in our dull and amenemic economy. does the republican party have a front-runner for 2016 could be. don't forget. free market capitalism. we are about to prove it
we made a commitment to the base that elected us. we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the...
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Dec 4, 2012
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he was somewhat -- he was somewhat accommodating right after the re-election. he's become harder line. i agree with that point. doug, you know the numbers. once again, i ask you, does boehner's idea of capping upper end deductions work to raise revenues, heaven forbid without damaging the middle class? does it work? >> yes, absolutely it works, and, you know, it's important to recognize we have two different problems. problem number one is the fiscal cliff and threat of recession. raising any more taxes doesn't make any sense. this is politics trumping economic sense. second problem is fixing the debt and there's this debate about how much revenue, how much spending. balance means heavy on spending lighter on taxes and bowles-simpson told us the route to do that is tax reform. >> much more fun by the way to have 4% or 5% growth than to equitable about 1% or 2% growth. thank you gentlemen. we appreciate it. now to another controversy. are minorities especially latinos a lost cause for republicans and conservative principles? i say no, but our next guest star par
he was somewhat -- he was somewhat accommodating right after the re-election. he's become harder line. i agree with that point. doug, you know the numbers. once again, i ask you, does boehner's idea of capping upper end deductions work to raise revenues, heaven forbid without damaging the middle class? does it work? >> yes, absolutely it works, and, you know, it's important to recognize we have two different problems. problem number one is the fiscal cliff and threat of recession. raising...
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Jun 26, 2012
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which is your pick or does the election affect you at all? >> we have a $1.6 trillion deficit and the feds are buying all the bonds. >> this cannot be good. >> just remember, the fed has more debt than italy. we're talking about italy. >> horrible looking balance sheet. >> is that unbelievable. >> with interest rate risks that are out of control. >> you would think finally, our interest rates on ten-year bonds are 1.6%, let's sell a lot of them. who do we sell them to? the fed. who dpnss it overnight. we are just really building a horrible, horrible -- >> this eats at the bankruptcy potential of the united states government. >> it's just driving us down. that's why stocks don't feel good. we're spending too much money. my key point is feel keep looking at what, what is the government to do? are they going to get us out of this? never. >> we need business to turn around. >> last one, you have a pretty good gaming operation in las vegas? we talked about this a queer or two ago. real quick. >> we have seven casinos in las vegas. you can bet on s
which is your pick or does the election affect you at all? >> we have a $1.6 trillion deficit and the feds are buying all the bonds. >> this cannot be good. >> just remember, the fed has more debt than italy. we're talking about italy. >> horrible looking balance sheet. >> is that unbelievable. >> with interest rate risks that are out of control. >> you would think finally, our interest rates on ten-year bonds are 1.6%, let's sell a lot of them. who do...
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Apr 27, 2012
04/12
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they did that for newly elected members. you saw it first on cnbc, this made a debut on power lunch. the scream is expected to get up words of $80 million. highest on a painting ever. >>> after a shocking video, republican members of energy and commerce committee launch an investigation. larry, you discussed this possibility last night with senator james inhofe who uncovered that which has been taken down by the poster. have an awesome weekend. back to you. >> thank you, appreciate everything. >>> up next on kudlow, who's to blame for the stalled economy? i ask three powerhouse ceos coming up. coming up. y? slip-on's the way to go. more people do that, security would be like -- there's no charge for the bag. thanks. i know a quiet little place where we can get some work done. there's a three-prong plug. i have club passes. [ male announcer ] get the mileage card with special perks on united, like a free checked bag, united club passes, and priority boarding. thanks. ♪ okay. what's your secret? [ male announcer ] the united
they did that for newly elected members. you saw it first on cnbc, this made a debut on power lunch. the scream is expected to get up words of $80 million. highest on a painting ever. >>> after a shocking video, republican members of energy and commerce committee launch an investigation. larry, you discussed this possibility last night with senator james inhofe who uncovered that which has been taken down by the poster. have an awesome weekend. back to you. >> thank you,...
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Dec 6, 2012
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but blacks -- let's see. 95% of african-americans voted for president obama in this last election. what do you make of that? what does that tell you? >> well, the first thing we have to start looking at is what it's going to take for us to get the respect of both parties, and that comes down to us being a people that are principled over anything else. we have 95% of any race that would vote for a person or party, it kind of helps them to be taken for granted. at this point, what does the democratic party have to do to win our vote? actually, just be around. so it's time for us as a people to start putting our principles first. i think we should be ashamed of ourselves in certain areas, those who decided that the education is so important to them, they have a passion for it. why would you vote for a person who decides the union is much more important for them. >> in other words, school choice. i'm going to read from the notes. you tell me if i'm wrong. but this is tough stuff. you say in your notes, obama is the most aggressive anti-black policymaker in modern history. that's tough
but blacks -- let's see. 95% of african-americans voted for president obama in this last election. what do you make of that? what does that tell you? >> well, the first thing we have to start looking at is what it's going to take for us to get the respect of both parties, and that comes down to us being a people that are principled over anything else. we have 95% of any race that would vote for a person or party, it kind of helps them to be taken for granted. at this point, what does the...
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Dec 28, 2012
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he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian kelly, the co-founder of shelter harbor capital. can we bring up that chart again, guys so people can understand what happened today? we are showing you a one-day chart of both the dow, all three, the dow, the nasdaq and the s&p. this is a one-day chart. so harry reid comes out and says, folks, we are going off the cliff and the markets start to tumble and tumble and tumble and tumble and then 3:00 in the afternoon you see the sharp rise up and the house is coming back the in the session on sunday night to do something. we don't know what and the markets managed to get back to flat. so ken heebner, the market seemed to care about the deal getting done. is it g
he said 800 billion is what he said during the election. >> and 6 trillion. >> yeah. >> spending is not the problem. >> no, i agree with you. >> i'm sorry. >> revenue is not the problem. >> yeah. >> it's been a long week, hasn't it? >> good luck on sunday, let's see what happens and we'll have you back afterward and see what's going on. >> let's get the market reaction. eamon hinted at this, and capital growth management and brian...
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Jun 1, 2012
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the election is in november. but the country has to have an economy and the country has to have jobs. why not, mark? why shouldn't obama take a risk? because i'll tell you this, right now with this spring stall and these lousy jobs, mark, you know as well as i do, he's going down. if he doesn't make a big change, if he doesn't show some difference, he's going down. >> well, i think you all rely too much on tax cuts. if that were the answer, that would have worked, too. nobody has raised any taxes here. >> how about the keystone? >> well, it's not the only project. look, i would like to see him get back the trillion dollars of offshore corporate profits that could be put into the system. i'd like to see the fed that really sat back while this was happening and didn't go into the next round of quantititive easing. get in there monday and really start to turn this thing around. it's not just all about tax cuts. >> tax cuts, deregulation, shovel-ready, keystone jobs, i don't know. we'll see. i'm awful sorry. we've go
the election is in november. but the country has to have an economy and the country has to have jobs. why not, mark? why shouldn't obama take a risk? because i'll tell you this, right now with this spring stall and these lousy jobs, mark, you know as well as i do, he's going down. if he doesn't make a big change, if he doesn't show some difference, he's going down. >> well, i think you all rely too much on tax cuts. if that were the answer, that would have worked, too. nobody has raised...
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Oct 30, 2012
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we could see more damage to come and snow that could affect election day voting. superstorm sandy right after the break. hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. [ construction sounds ] [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> these are early days the nation is starting to process the tallying the cost of the devsating storm. >> some of the estimates that are out there, they range in cost of as high as $30 billion. it is not clear that they became apparent today or any of the models are adequate to the weather event. this shocking video of the coast line was aired late this afternoon. the aspects of this storm, brought devastating rain and win
we could see more damage to come and snow that could affect election day voting. superstorm sandy right after the break. hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy....
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Aug 28, 2012
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and 70 days till election day. you're watching "the kudlow report." we're live from the republican convention in tampa as you can hear. you know what i love about this country? trick question. i love everything about this country! including prilosec otc. you know one pill each morning treats your frequent heartburn so you can enjoy all this great land of ours has to offer like demolition derbies. and drive thru weddings. so if you're one of those people who gets heartburn and then treats day after day, block the acid with prilosec otc and don't get heartburn in the first place. [ male announcer ] one pill each morning. 24 hours. zero heartburn. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> welcome
and 70 days till election day. you're watching "the kudlow report." we're live from the republican convention in tampa as you can hear. you know what i love about this country? trick question. i love everything about this country! including prilosec otc. you know one pill each morning treats your frequent heartburn so you can enjoy all this great land of ours has to offer like demolition derbies. and drive thru weddings. so if you're one of those people who gets heartburn and then...
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Jul 20, 2012
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. >> larry, we'll see how quickly politics gets back in this election year. both sides took down attack ads in colorado. mitt romney is scheduled to go overseas to the london olympics next week. president obama has campaign events scheduled. a spokesman said we'll keep you advised of changes in the schedule. >> many thanks, john. we appreciate it. here to share with us the pulse of the nation, two distinguished nationally syndicated radio talk show hosts. welcome to the show. before we start, todd, you had a listener who called in to voice concern about civil liberties. let's listen. >> it goes back to me to civil liberties. you go back down to this situation here. you've got to have a police officer. what's next? are we going to be patted down before we go into a theater? >> todd, how did you answer that? >> first of all, larry, to the people of colorado very near and dear to my heart. i'm an eagle county property owner. i was just in colorado last week. my sympathies and thoughts go to all those affected. they are concerned. we have occasional tragedies whi
. >> larry, we'll see how quickly politics gets back in this election year. both sides took down attack ads in colorado. mitt romney is scheduled to go overseas to the london olympics next week. president obama has campaign events scheduled. a spokesman said we'll keep you advised of changes in the schedule. >> many thanks, john. we appreciate it. here to share with us the pulse of the nation, two distinguished nationally syndicated radio talk show hosts. welcome to the show. before...
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May 8, 2012
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i think we can all agree on that we'll have an election and things will be different after the election. >> senator talent, you were there until very recently. what the heck is going on here? >> harry reid is not bringing a budget to the floor. you have a right to bring the budget to the floor. that can't be filibustered. he can't get 51 votes for it because they're not trying to confront the real issue, in particular entitlement reform. we need presidential leadership. governor romney has offered extensive, comprehensive and very sensible entitlement reform. we did it in the 90s, reform welfare and medicare, made those programs better and save money. there are at least some of this agenda that we could work on our bipartisan basis. it's a very different vision, president obama, big spending, more government, those policies have failed and then governor romney's speech today about where he wants to go. >> howard dean, i understand we have disagreements. why wouldn't the president -- there is such a consensus view in washington about the need for corporate tax reform which many. economis
i think we can all agree on that we'll have an election and things will be different after the election. >> senator talent, you were there until very recently. what the heck is going on here? >> harry reid is not bringing a budget to the floor. you have a right to bring the budget to the floor. that can't be filibustered. he can't get 51 votes for it because they're not trying to confront the real issue, in particular entitlement reform. we need presidential leadership. governor...
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Dec 27, 2012
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before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question
before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male...
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Feb 8, 2012
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>> it seems unlikely that you'll have a tax raise in a election year. but if you do it will be over the buffett rule. but it's hard to see it as a market destroyer. but the headliner is israel, iran, some kind of armed interaction which would be highly disruptive both to the price of oil and the markets. if we are going to wait for the absence of headline risk in our world, we are going to basically be waiting for decades. i mean, the world is a place of change and defendaifficulty, i' going to prepare for all investments to be clear once there's not a headline risk. >> that is part of it. >> now, thank you, gentlemen. let's turn to greece, rights are breaking out again in the streets and violence mounts and officials are continuing to stall and the final measure, let's go to my guests. we have forminger under secretary of state, nick burn, now at the kennedy school of government. nick, what do i know? i'm reading the article that says one of the reasons that the greek government cannot make a deal is get this, mithey are missing the paperwork. this is
>> it seems unlikely that you'll have a tax raise in a election year. but if you do it will be over the buffett rule. but it's hard to see it as a market destroyer. but the headliner is israel, iran, some kind of armed interaction which would be highly disruptive both to the price of oil and the markets. if we are going to wait for the absence of headline risk in our world, we are going to basically be waiting for decades. i mean, the world is a place of change and defendaifficulty, i'...
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Oct 2, 2012
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all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he floated the idea of a $17,000 cap on tax reform reduction. >> you could say everyone is going to get up to a $17,000 deduction. you can fill that bucket if you will and higher income people might have a lower number. >> this is brand new stuff. we have howard dean former vermont governor and candidate. and let's look at this for a second. what do you think? a $17,000 cap on tax deductions for everybody as a way of being fair because the upper end would pay more. what do you think? >> i don't have a problem with the eidea of deductions. here you are. you guys are talking about the private sector all the time. so, i've been convinced because of the high rate of canadian home ownership, i'm not convinced of doing away with charitable deductions. $17,000 ceiling for all tax deductions across the board. sure, steve. the upper end people would have a problem across the board. >> i like this idea a lot. i just heard abo
all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he floated the idea of a $17,000 cap on tax reform reduction. >> you could say everyone is going to get up to a $17,000 deduction. you can fill that bucket if you will and higher income people might have a lower number. >> this is brand new stuff. we have howard dean former vermont governor and candidate. and let's look at this for a second. what do you think? a $17,000 cap...
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Oct 31, 2012
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that's not what's driving this election. that's not what this election is about. you still have obama who is upside down on job recruitment along the economy, upside down on job recruitment on spending and you have mitt romney leading on the economy on spending, on jobs and who can get things done. that's not going to change with a couple of events today. i think what's more important is what's going to happen with those jobs numbers on friday to kind of crystallize this campaign. but the reason why we're seeing the models the way we are, is intensity of republicans is so much higher than democrats. that's not going to change with today's event. >> i was stunned, you tell me whether you buy into this or not. gallup ran a poll that says those who already voted, romney is ahead 42 -- i beg your pardon. 52-45. the whole obama strategy, as i understood it, was to get their voters out, then proclaim it and advertise it so they get a tidal wave. gallup says it's romney's early voters who are winning. is that possible? is it accurate? do you buy it? >> i don't know if it
that's not what's driving this election. that's not what this election is about. you still have obama who is upside down on job recruitment along the economy, upside down on job recruitment on spending and you have mitt romney leading on the economy on spending, on jobs and who can get things done. that's not going to change with a couple of events today. i think what's more important is what's going to happen with those jobs numbers on friday to kind of crystallize this campaign. but the...
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Jul 26, 2012
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. >> spend and spend, tax and tax, elect and elect. that was fdr and his deputy harry hopkins. it worked in the 1930s. i thought of that because here is obama suspending or putting waivers on one of the most important pieces of social legislation in the last 50 years. welfare reform which had work requirements which are being lifted. what is this? this is an outrage. >> by the way, it's interesting you brought up fdr because fdr didn't just run on tax and tax and spend and spend. the new deal hadn't worked just like obama's policies haven't worked. he ran against wealth just as barack obama is doing. when you talk about him ginning up the base i don't believe his base is big enough to deliver him a victory. this incident of what he did on welfare, so let's be clear. he's gutting the work to welfare requirement, one of the great new democrat policies of the last # 30 years saying states, you don't have to comply with this. that's something that reduced welfare case loads by 50% because the left never liked work for welfare requirements. there is another element that's interestin
. >> spend and spend, tax and tax, elect and elect. that was fdr and his deputy harry hopkins. it worked in the 1930s. i thought of that because here is obama suspending or putting waivers on one of the most important pieces of social legislation in the last 50 years. welfare reform which had work requirements which are being lifted. what is this? this is an outrage. >> by the way, it's interesting you brought up fdr because fdr didn't just run on tax and tax and spend and spend....
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Oct 29, 2012
10/12
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president obama said i'm not thinking about the election. of course, he is thinking about the election all the time, so are his people. they know that or they believe that they have an advantage in battleground states and that perhaps the freezing of attention to the campaign will benefit them with a limited time to go. on the other hand, mitt romney can point to national polls and say i've gotten the upper hand since the first debate, so we will see whether the ground games get affected by this. obama's generally considered to have the more extensive and effective ground game. that, of course, is going to be tested on election day, but if some of that is interrupted, he and his people could be affected, and we'll see whether the early vote in places like north carolina, for example, where it matters some and florida is shaken up by this. >> and some that have early voting has been cancelled, larry. who does this hurt more in, your view? which candidate stands to lose the most as a result of this disruption of the campaigning? >> well, it's
president obama said i'm not thinking about the election. of course, he is thinking about the election all the time, so are his people. they know that or they believe that they have an advantage in battleground states and that perhaps the freezing of attention to the campaign will benefit them with a limited time to go. on the other hand, mitt romney can point to national polls and say i've gotten the upper hand since the first debate, so we will see whether the ground games get affected by...
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May 29, 2012
05/12
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this election is being fought in nine states. this is nine statewide elections. >> better make that six. it was nine. it's six now. >> let's just take one of them. ohio. >> right. >> now, in a place like ohio the profit question goes this way. did somebody make profits at your expense? did they create jobs? did they actually build something useful or not? and in ohio and in florida, by the way, you have examples of where bain capital bought out a company, loaded it up with debt, took their fee, and left. >> smart as they are in other places. and they understand -- and this is why i think the obama liability here is in fact solyndra and the crony capitalism which feeds on your theme, larry, that he doesn't understand basic economics, free market economics. romney's making a simple argument. i did create wealth for people, and it's not a zero sum game. our good friend here just gave a perfect example of the democratic mentality. if someone's getting rich, someone else is getting poor. someone else is getting screwed. that's not the
this election is being fought in nine states. this is nine statewide elections. >> better make that six. it was nine. it's six now. >> let's just take one of them. ohio. >> right. >> now, in a place like ohio the profit question goes this way. did somebody make profits at your expense? did they create jobs? did they actually build something useful or not? and in ohio and in florida, by the way, you have examples of where bain capital bought out a company, loaded it up...
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Jul 17, 2012
07/12
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two more meetings, july 31 and september 12 before the elections. my best guest is they don't do anything in the upcoming meeting at the end of july. again, it's hard to predict because they get pushed around by short-term data. if the data continues to look weak, then they will try i think in front of the election, as you said correctly, i don't think the fed is political about this. if they think they will affect the economy, they will do it, even though i think it's wrong headed. >> i think the fed should stop paying banks for their excess reserve. stop the 25 basis point subsidy. just say no interest rate and maybe the banks will take that $1.5 trillion and push it out into the economy. the ecb did it in europe. i think the fed should do it. stop paying interest on the excess reserves of which there are about $1.5 trillion. >> that's exactly right. there's no reason for them to be paying the banks for them to keep their money in the bank instead of ending them out. if they can get the bank regulators off their backs. coming up, the markets boo e
two more meetings, july 31 and september 12 before the elections. my best guest is they don't do anything in the upcoming meeting at the end of july. again, it's hard to predict because they get pushed around by short-term data. if the data continues to look weak, then they will try i think in front of the election, as you said correctly, i don't think the fed is political about this. if they think they will affect the economy, they will do it, even though i think it's wrong headed. >> i...
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Apr 25, 2012
04/12
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prior to my big election, being elected to office, democrats controlled everything and those are the days of billion dollar budget deficits, and double-digit tax increases. people don't want to go back to that, and i was just in illinois the other day. do they want to go back to what we see in realtime to the south of us in the state of illinois. people want to move forward with less government, more freedom, more prosperity. >> "the wall street journal" reporting that wisconsin state property taxes fell the first time in a dozen years, and the policy is budget restrap, more contributions by the unions have been in place. other examples of cost savings you can point to? >> absolutely. we talked about the first time in 12 years dropping property taxes and pointed to a billion dollars worth of savings. the best thing for our schools, for years, they used to have to buy their health insurance from essentially one company. it happened to be affiliated with the teach every's union. they can bid it out and it saves our school districts tens of billions of dollars. >> what's happened in the
prior to my big election, being elected to office, democrats controlled everything and those are the days of billion dollar budget deficits, and double-digit tax increases. people don't want to go back to that, and i was just in illinois the other day. do they want to go back to what we see in realtime to the south of us in the state of illinois. people want to move forward with less government, more freedom, more prosperity. >> "the wall street journal" reporting that wisconsin...
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Nov 2, 2012
11/12
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we'll watch it all on election night. but if you are right, this race may be stronger for romney than anybody believes possible. anyway, thanks to my friend, ralph reid. we appreciate it very much. >> thank you, larry. >>> coming up on kudlow, six hour gas lines and the fight for fuel after superstorm sandy. you know, it's looking like the old arab oil embargo days of the 1970s. that's next up. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. i haven't thought about aspirin for years. aspirin wouldn't really help my headache, i don't think. aspiri
we'll watch it all on election night. but if you are right, this race may be stronger for romney than anybody believes possible. anyway, thanks to my friend, ralph reid. we appreciate it very much. >> thank you, larry. >>> coming up on kudlow, six hour gas lines and the fight for fuel after superstorm sandy. you know, it's looking like the old arab oil embargo days of the 1970s. that's next up. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in...
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Sep 25, 2012
09/12
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i think if the election were here today obama would win. but, so that basically if romney starts to do better i think that is good news for the stock market. by hook or by crook do you think the hook will be solved? even congress doesn't want a recession. i don't care about the composition of congress. they know that a $450 billion tax hike will doom us. do you assume that they are going to get through the fiscal cliff without falling off it? >> i would say this though, i think there is enough strength from the home building and the rising house price impact on the economy, that if we do go over, that i think we will avoid a negative consequence and bear in mind that the open-ended decision by the fed to go to qe 3. i think he will be there with a lot of stimulus if we do go over it. i suspect that we will make a deal. the noise level is high that the intensions to come to people they don't want to admit it. they want to fight with the other side. >> thank you so much for your out look. business economists and a new survey say that governme
i think if the election were here today obama would win. but, so that basically if romney starts to do better i think that is good news for the stock market. by hook or by crook do you think the hook will be solved? even congress doesn't want a recession. i don't care about the composition of congress. they know that a $450 billion tax hike will doom us. do you assume that they are going to get through the fiscal cliff without falling off it? >> i would say this though, i think there is...
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Oct 18, 2012
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is tax reform dead if obama is re-elected? and will it just take -- we have to wait until mitt romney comes in. >> it's not dead. i'm sorry, david, i thought he directed the question at me. yeah, i'm afraid it is. you have to understand president obama struggles every day with his limitations, his vision is very constricted, he has no training, no experience, no imagination and worst of all, he has no willingness to consider a point of view that comes from outside his very, very seques r sequestered upbringing and experience, he just doesn't have the creativity to get beyond himself. >> got the leave it there. >> coming up on kudlow, the u.s. economy is the next big target for terrorism. the attempted bombing of the new york federal reserve, one example a string of cyber attacks on banks. and now ahmadinejad remains a debt laden country and he can't go on for long. ericans are alwao work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping gener
is tax reform dead if obama is re-elected? and will it just take -- we have to wait until mitt romney comes in. >> it's not dead. i'm sorry, david, i thought he directed the question at me. yeah, i'm afraid it is. you have to understand president obama struggles every day with his limitations, his vision is very constricted, he has no training, no experience, no imagination and worst of all, he has no willingness to consider a point of view that comes from outside his very, very seques r...
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Mar 9, 2012
03/12
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we don't know who will win the election in the fall. do you pull back in weight or do you forge ahead? >> that's a big factor and maybe the white house less so than the senate. what we need is political action and that comes out of congress making the legislation dealing with the massive fiscal headwind we'll need in 2015. usually the market is like gridlock. gridlock is good and that's no longer true. we need to see action and a spirit of dealing with these issues and that means the senate needs to shift into one-party control. that is now looking a little less likely than it did a few weeks ago and that may begin to weigh on the market as well. >> go ahead. last word. >> the white house is important to show leadership. you can't run policy. >> we're going to run about the senate and the next panel and the senate and the house and i think that's great insight. john taylor, thank you. >> coming up on kudlow, within six hours we'll see if greece will have a deal or be in default. what happens in the next few hours could change the course
we don't know who will win the election in the fall. do you pull back in weight or do you forge ahead? >> that's a big factor and maybe the white house less so than the senate. what we need is political action and that comes out of congress making the legislation dealing with the massive fiscal headwind we'll need in 2015. usually the market is like gridlock. gridlock is good and that's no longer true. we need to see action and a spirit of dealing with these issues and that means the...
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Feb 4, 2012
02/12
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and will it last through the election year, most importantly? >> well, you know, obviously nobody knows the future. i think one of the soft spots, what i would worry about, is that income, real income growth is not yet what it needs to be in order to really provide the comfortable margin with regard to the demand side of the equation. but there's no question about it. i mean, employers are hiring. factories are being fired up. there is much more economic activity. things are going in the right direction. it is too early to pop the champagne corks. i think the president has got to be careful when he talks about this not to create the impression that we are in the promised land. but he obviously is -- and the white house is obviously getting a huge boost. it's going to be much harder for a republican presidential candidate, whoever it is, to make the case that this economy is in terrible shape. >> is that true, herman cain? that's the key question. will it be harder? i notice obama picked up a couple of points today on the in trade, pay to play be
and will it last through the election year, most importantly? >> well, you know, obviously nobody knows the future. i think one of the soft spots, what i would worry about, is that income, real income growth is not yet what it needs to be in order to really provide the comfortable margin with regard to the demand side of the equation. but there's no question about it. i mean, employers are hiring. factories are being fired up. there is much more economic activity. things are going in the...